Analyst outlines Bitcoin’s prospects above $40,000
The market outlook is provided by Maksym Lenets of Nanny Ventures.
Analyst outlines Bitcoin’s prospects above $40,000
The market outlook is provided by Maksym Lenets of Nanny Ventures.
Glassnode: Bitcoin rally not underpinned by fundamentals
Bitcoin rally appears to be driven by liquidations in the crypto-derivatives market, with no improvement in on-chain metrics; Glassnode analysts urge caution.
Trader outlines scenario for Bitcoin rising above $50,000
Nikita Semov, a practising trader and founder of the Crypto Mentors project, explains the current market situation.
Daily liquidation volume on the crypto-derivatives market reached $1.13 billion
On July 26, the crypto-derivatives market saw liquidations totaling $1.13 billion, of which $961.8 million were short positions, according to Bybt.
Bitcoin retreats from $40,000 after Amazon denial
On July 26, Bitcoin price rose above $40,600 (Bitstamp), but by the morning of July 27 it had corrected to $36,380. The reversal came amid Amazon denying reports of cryptocurrency payments support.
Bitcoin price tops $38,000
During the night of July 25–26, the price briefly reached $39,900 on Bitstamp. In the last 24 hours, the coin rose 12.4% according to CoinGecko.
Bloomberg Strategist: Bitcoin More Likely to Return to $60,000 Than Fall to $20,000
Bloomberg Intelligence’s senior commodity strategist Mike McGlone says Bitcoin is more likely to return to the $60,000 level than to fall to $20,000.
Bitcoin clears the $33,000 mark. Ethereum above $2,100
On Saturday, July 24, Bitcoin price reached $33,900. In the last 24 hours the asset rose 4.4%.
Trader outlines condition for Bitcoin price rise to $34,000
The practising trader and founder of the Crypto Mentors project, Nikita Semov, explains the current market situation.
Trader explains how Grayscale unlocks affect Bitcoin price
A practicing trader and founder of the Crypto Shaman project, Vadim Shovkun, explains the current market situation.We use cookies to improve the quality of our service.
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